Wells Fargo Maintains Equal-Weight on KB Home, Raises Price Target to $80
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Sam Reid maintains an Equal-Weight rating on KB Home and raises the price target from $70 to $80.
September 09, 2024 | 1:31 pm
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POSITIVE IMPACT
Wells Fargo has maintained its Equal-Weight rating on KB Home while increasing the price target from $70 to $80, indicating a positive outlook.
The increase in the price target from $70 to $80 by Wells Fargo suggests a positive outlook for KB Home, which could lead to a short-term increase in stock price. The maintained Equal-Weight rating indicates a balanced view, but the raised target price is a positive signal.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100